Yellen: Regulators are formulating policies to address the issues of Silicon Valley Bank

2023-03-12 21:54:59

Collection

ChainCatcher news, U.S. Treasury Secretary Yellen stated that regulators are working on policies to address current issues in a timely manner, "The Federal Deposit Insurance Corporation (FDIC) is working overtime this weekend to develop a solution for Silicon Valley Bank, and regulators are aware of this and are striving to meet the needs of Silicon Valley Bank depositors. Any bank failure is concerning, but the U.S. banking system is safe, well-capitalized, and resilient." (source link)

Related tags

Yellen Silicon Valley Bank

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.

Banking Crisis in the United States and USDC Dynamic Tracking

Track the dynamics related to crypto-friendly banks and pay attention to the development trends of USDC.

Topic or theme